India Inc. has had a new confidence booster this week. It has booked robust profits of 31.2 per cent in the first half of this year. Such figures will only heighten the confidence surge Indian companies have been riding on in the past few weeks.

Consider this. The Taj Hotels is buying the Ritz-Carlton Boston hotel. Indian pharmaceutical companies, Ranbaxy and Wockhardt, along with Warburg Pincus, a private equity player are pitching to buy Minnesota-based 3M's pharmaceutical business. In this week's Special, we look at Ranbaxy, a true blue Indian multinational.

Apart from drawing ambitious acquisition plans, India Inc is also upgrading its stables. A personal aircraft is no longer a rich man's toy. It is now a significant business tool for the high flying CEO of an Indian Multinational. According to the Ministry of Civil Aviation, Indian companies have placed orders to buy 100 aircraft in the last five months. With these buys, the number of corporate jets in the country is expected to double to 300 in the next 18 months.

Ajay Khanna,
CEO, India Brand Equity Foundation & Dy. Director General, Confederation of Indian Industry

To know more visit www.ibef.org